Teleflex Incorporated (NYSE: TFX) is -21.53% lower on its value in year-to-date trading and has touched a low of $235.58 and a high of $405.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TFX stock was last observed hovering at around $254.55 in the last trading session, with the day’s gains setting it 3.22% off its average median price target of $325.00 for the next 12 months. It is also 40.05% off the consensus price target high of $430.00 offered by 14 analysts, but current levels are 4.53% higher than the price target low of $270.00 for the same period.
Currently trading at $257.77, the stock is 2.93% and -3.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.46 million and changing 1.26% at the moment leaves the stock -18.49% off its SMA200. TFX registered -33.25% loss for a year compared to 6-month loss of -20.86%. The firm has a 50-day simple moving average (SMA 50) of $4.59 and a 200-day simple moving average (SMA200) of $15.19.
The stock witnessed a 5.24% gain in the last 1 month and extending the period to 3 months gives it a -23.90%, and is 6.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.35% over the week and 2.50% over the month.
Teleflex Incorporated (TFX) has around 14000 employees, a market worth around $11.84B and $2.82B in sales. Current P/E ratio is 25.07 and Fwd P/E is 16.84. Profit margin for the company is 17.30%. Distance from 52-week low is 9.42% and -36.51% from its 52-week high. The company has generated returns on investments over the last 12 months (9.60%).
Teleflex Incorporated (TFX) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Teleflex Incorporated (TFX) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 2.40, where 6 rate it as a Hold and 1 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Teleflex Incorporated is expected to release its quarterly report on 10/27/2022.The EPS is expected to grow by 44.00% this year.
Teleflex Incorporated (TFX) Top Institutional Holders
The shares outstanding are 46.88M, and float is at 46.80M with Short Float at 2.30%.
Teleflex Incorporated (TFX) Insider Activity
A total of 31 insider transactions have happened at Teleflex Incorporated (TFX) in the last six months, with sales accounting for 8 and purchases happening 23 times. The most recent transaction is an insider sale by RANDLE STUART A,the company’sDirector. SEC filings show that RANDLE STUART A sold 3,014 shares of the company’s common stock on Jun 07 at a price of $283.31 per share for a total of $0.85 million. Following the sale, the insider now owns 4320.0 shares.
Teleflex Incorporated disclosed in a document filed with the SEC on Dec 27 that Kelly Liam (Chairman, President & CEO) sold a total of 8,987 shares of the company’s common stock. The trade occurred on Dec 27 and was made at $330.00 per share for $2.97 million. Following the transaction, the insider now directly holds 25775.0 shares of the TFX stock.
Still, SEC filings show that on Nov 30, Krakauer Andrew A (Director) acquired 1,000 shares at an average price of $307.23 for $0.31 million. The insider now directly holds 3,534 shares of Teleflex Incorporated (TFX).
Teleflex Incorporated (TFX): Who are the competitors?
The company’s main competitors (and peers) include Johnson & Johnson (JNJ) that is trading 1.34% up over the past 12 months and Medtronic plc (MDT) that is -28.91% lower over the same period. Boston Scientific Corporation (BSX) is -12.88% down on the 1-year trading charts.